, lloyd blankfein told cnn under the right circumstances he could raise taxes on the upper 2%. >> if that's what it took to make the math work, when you look at the entitlement side and the revenue side, i wouldn't preclude that. >> let's go to peter defazio congressman, thank you for joining us. >> thanks, i appreciate the opportunity. >> eliot: you're one of the so-called cliff jumpers. you want to dive over the cliff and say, you know what, it's not going to be so terrible. let's negotiate this patiently. >> it's not such a big fall, so i'm not that brave. the point is the only tax difference people will see on january 1st is the social security holiday goes away. it was a dumb idea and no one is talking about extending that. the other tax cuts, particularly those targeting people at the top, those won't show up in anybody's paycheck for an indefinite period. we would have too to revisit this issue. the second thing that is good about it all the clinton era tax breaks come back. do you remember the clinton era 3.8 unemployment, not bad. job creators were paying more in taxes. good ol'